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BMW 5-Series Lease Questions

2606 messages,  Last post on Dec 07, 2009 at 2:19 PM

You are in the BMW 5-Series Forum. Your Hosts are pat & karens

What is this discussion about? BMW 5 Series, Car Leasing, Sedan, Wagon


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#2530 of 2606
Re: 535i x drive wagon- lease question [wedgeman] by x021627
Sep 30, 2009 (5:00 pm)
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Replying to: wedgeman (Sep 29, 2009 10:27 am)

Never, ever but any substantial $$$ down on a lease. The point of leasing is to put as little as possible out of pocket on one. If unfortunately your car was to be totaled, you would be out whatever you put down on the lease less whatever the insurance company gives you. Usually when you have a trade when you are leasing, they cut you a check for the value of your car you are trading. Please re-think your decision here.
 
Best Wishes......
#2531 of 2606
Re: 535i x drive wagon- lease question [x021627] by wedgeman
Oct 01, 2009 (12:20 pm)
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Replying to: x021627 (Sep 30, 2009 5:00 pm)

To x021627: Thanks, makes sense not to put down more than needed.
#2532 of 2606
Re: 535i x drive wagon- lease question [wedgeman] by x021627
Oct 01, 2009 (3:38 pm)
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Replying to: wedgeman (Oct 01, 2009 12:20 pm)

#2533 of 2606
October 2009 MF by smartcpa
Oct 02, 2009 (8:08 am)
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Does anyone know if the October 2009 Money Factors were changed for 535XI? I was quoted .00165 MF and 60% Residual.
#2534 of 2606
Re: 528xi Money Factor and Residual [Car_man] by armitagemike
Oct 05, 2009 (1:55 pm)
Reply

Replying to: Car_man (Sep 28, 2009 2:27 am)

Car Man:
 
Thanks for your reply. I have worked out the following "terms" with my dealer on a 2010 528XI, but we are not coming up with the same monthly payments. Here are the particulars:
 
MSRP of 52,895
Selling price of 49,500
Money Factor of .00155 and
Residual of 61% for 10K, 60% for 12K
 
No other cap reduction or cap increases are including, as I am paying all fees and taxes "at closing".
 
Also, I am turning in a leased car, and I am under the impression that in Illinois the Fair Market Value of the car can be used to reduce the taxes on the transaction.
 
So, I would greatly appreciate it if you would:
 
1) Advise me what you think the monthly payments should be for the 10K and 12K option given these numbers
2) Confirm that the taxes for this vehicle would be as I describe. Thanks!
#2535 of 2606
Re: October 2009 MF [smartcpa] by Car_man HOST
Oct 06, 2009 (2:48 am)
Reply

Replying to: smartcpa (Oct 02, 2009 8:08 am)

Hi smartcpa. BMW's October lease program for the 2010 535xi is exactly the same as it was in September.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2536 of 2606
Re: 528xi Money Factor and Residual [armitagemike] by Car_man HOST
Oct 06, 2009 (2:51 am)
Reply

Replying to: armitagemike (Oct 05, 2009 1:55 pm)

You're welcome armitagemike. Let's work up some payments and see what we come up with.
 
According to my calculations, if you were to lease a 2010 BMW 528xi Sedan that has an MSRP of $52,895 and a selling price of $49,500 through BMW Financial Services right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $620. The payment for a lease with only 10,000 miles per year would drop slightly to around $606.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2537 of 2606
Lease Question on 2010 BMW 528i by sjbarrister
Oct 09, 2009 (12:34 pm)
Reply
Hi Car Man,
 
I need your help in determining whether this is a good deal on a 2010 BMW 528i:
 
MSRP: $49,400
Sale Price: $47,400
MF: .0016
Residual: 61%
Miles: 10,000 per year
Monthly Payment: $661 excluding tax
 
I am not paying anything out of pocket. The dealer is going to pay for first payment, aquisition fees, security deposit, etc.
 
Thanks for your help!!

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